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10029 Vally BlvdEl Monte, CA 91731Price: $270,000

  • Price: $270,000
  • 29 Days on Market
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Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
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  • $270,000List Price

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Listed by Edward Oh of Berkshire Hathaway HomeService
The seller has been running a liquor store with the couple husband and wife for 31 years. The Liquor was first opened in 1971. The owner has a record of 31 years of sales and an accurate tax return record. The store features steady sales every month, and there are a lot of old regular customers. In addition, a facility with hundreds of low-income senior apartments managed by El Monte City will soon be completed. It is right in front of the store. Also, since there are no competing stores around, sales are always on sale. Satisfied. We have a private office, kitchen, toilet, and shower. There are 3 storages and a parking lot for convenient inventory loading. Current average sales are $49,000 Net income is $17,000 per month. The current owner wants to sell the store due to retirement. The owner has been running the business for 31 years without any accidents or violations. All equipment in the store is in excellent condition. If you are looking for a stable income, choose this store, it will be your best investment. It is on sale for $270,000 including inventory. Inventory $30,000.The lease term is 3years and option 3 years NNN.(Property Tax Include) A lease extension is no problem at all, This is because the building owner sincerely wants to continue the Liquor Store. Don't miss a good store. It is a store located in the three-way corner of the independent building. Store size 1,800sf Lot size 5.449 sf.

Property Details of 10029 Vally Blvd

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 "Based on information submitted to CA_CRMLS as of June 15, 2021 9:08 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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